1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for roadway 
1.3 	improvements in the city of Glencoe; authorizing the sale and issuance of state 
1.4 	bonds. 
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION.
 1.7 	$1,250,000 is appropriated from the bond proceeds fund to the commissioner of 
1.8 	transportation for a grant to the city of Glencoe to acquire nine single-family residential 
1.9 	units in order to make improvements and betterments of a capital nature to upgrade 
1.10 	Morningside Avenue to County State-Aid Highway status.
1.11 	The appropriation is not available until the commissioner determines that $1,250,000 
1.12 	has been committed to the project from nonstate sources.

1.13 	Sec. 2. BOND SALE.
 1.14 	To provide the money appropriated in section 1 from the bond proceeds fund, 
1.15 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.16 	$1,250,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.17 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.18 	sections 4 to 7.

1.19 	Sec. 3. EFFECTIVE DATE.
 1.20 	Sections 1 and 2 are effective the day following final enactment.